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EURUSD

  • #801,561
  • May 24, 2013 10:17am May 24, 2013 10:17am
Quoting sidhujag
{quote} rollercoaster ready to go
Now? Come on.
Maybe next week.
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  • #801,562
  • May 24, 2013 10:19am May 24, 2013 10:19am
Quoting lolygagv2
Hmm, the market has moved roughly 100 pips up and down on EURUSD today, pretty typical. I'm not sure what the probability is, maybe 20%? That we'll get back below 1.29 today and take out some Long stops. There's no new events coming up, and it's a long holiday weekend in multiple countries, US, UK etc....We could see a bounce from the shorts, selling, or worse, no movement at all, but why would people decide to aggressively give up their longs today? It's more likely the shorts, will have had it I think? Else either way it's likely we'll be stuck...
It's not gonna break 1.29 today, why would it.
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  • #801,563
  • May 24, 2013 10:20am May 24, 2013 10:20am
Quoting sidhujag
{quote} rollercoaster ready to go
Thanks for information . checking usdjpy if any opportunity there, seems still few day to see top areas.will check next week.
fontu
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #801,564
  • May 24, 2013 10:28am May 24, 2013 10:28am
Quoting Kilgore T
{quote} isn't that one alcohol free?
blue, yeah prolly, there is a nice dark version now, if you are into guiness you'll like it - German people appreciate good lager

http://s10.postimg.org/ohqmwul8l/zyw...bottle_big.jpg
swing it!
  • #801,565
  • May 24, 2013 10:29am May 24, 2013 10:29am
And out like I expected for 9 pips
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  • #801,566
  • May 24, 2013 10:31am May 24, 2013 10:31am
Quoting ForExtraPips
{quote} I've got 1.3018. Close enough. But, guaranteed? Wow!

I believe if the market can't rise enough today, 1.3020 comes Monday. Slowly..... so wait.
Oh closed enough? tought it was still open.
have a nice weekend.
  • #801,567
  • May 24, 2013 10:35am May 24, 2013 10:35am
Quoting KillerWhale
{quote}It's not gonna break 1.29 today, why would it.
Why? I'm only giving it a 20% probability, I'd say 20% it goes down through 1.29, 30% it goes up to like 1.2930-40, and 50% chance it just chills.

The 20% chance: It's a long weekend, and this may be the first 3 day loss in the equities market THIS YEAR.....and as such, may mark a "top" in a lot of people's mind, and so they'll decide to take profit, and go to cash near the market close today, which will start a cascading effect and we'll see a nice little drop before close in NY.
  • #801,568
  • May 24, 2013 10:47am May 24, 2013 10:47am
Quoting salman14
AUD/JPY {image}
Good breakout , nice performance
  • #801,569
  • May 24, 2013 10:50am May 24, 2013 10:50am
whiich team wins, fc bayern or dortmund?
  • #801,570
  • May 24, 2013 10:53am May 24, 2013 10:53am
It's quite funny, in the last many pages, 100's of levels have been mentioned as being imperative for this or that move.
I don't even read them anymore, I just laugh, and think that no one with a few exceptions really knows what he or she is talking about.


I buy above support and sell below resistance with a short stop.
The easiest way to go and I don't predict any levels (except for below 1.23 maybe).

Once my entry is made, I let the Gann HiLo take over and take my profit based upon that.

Success rate is high.
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  • #801,571
  • May 24, 2013 10:54am May 24, 2013 10:54am
Quoting lolygagv2
{quote} Why? I'm only giving it a 20% probability, I'd say 20% it goes down through 1.29, 30% it goes up to like 1.2930-40, and 50% chance it just chills. The 20% chance: It's a long weekend, and this may be the first 3 day loss in the equities market THIS YEAR.....and as such, may mark a "top" in a lot of people's mind, and so they'll decide to take profit, and go to cash near the market close today, which will start a cascading effect and we'll see a nice little drop before close in NY.

Lol if you can explain the math for this, I will send you a case of champagne.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #801,572
  • May 24, 2013 10:56am May 24, 2013 10:56am
Quoting chazzle
EJ W1 D1 There was a year. That year was 2009. Most of that year, price was in a trading range of a little over 1000 pips - I'm talking the real bodies of weekly candles here. There was a day. That day was yesterday - for me it ended 34 minutes ago. On that day, price hit the mid point of that trading range for the first time since it left, way back in January 2010.... ....price was rejected from that mid point, and the day closed just 22 pips above its opening price in a day range of over 180 pips... Momentum - it's slowing down - momentum leads...
nice post Chaz....i see that you've moved on from scalping 50 pips here and there and everywhere.
All systems of divination, like music itself,work through patterns.
  • #801,573
  • May 24, 2013 10:57am May 24, 2013 10:57am
Quoting KillerWhale
It's quite funny, in the last many pages, 100's of levels have been mentioned as being imperative for this or that move.I don't even read them anymore, I just laugh, and think that no one with a few exceptions really knows what he or she is talking about. I buy above support and sell below resistance with a short stop.The easiest way to go and I don't predict any levels (except for below 1.23 maybe). Once my entry is made, I let the Gann HiLo take over and take my profit based upon that. Success rate is high.
And sometimes I predict patterns like I did a few weeks ago when I said a bearish wedge is forming.
That breakout gave me 270 pips.
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  • #801,574
  • May 24, 2013 11:00am May 24, 2013 11:00am
Quoting gatorinla
{quote} tweak entry to 2940/58

2917.9 may give a bounce.. cub bear sighting a LL at 2994... one will not happen
those who can, do. those who cant, talk about those who can
  • #801,575
  • May 24, 2013 11:02am May 24, 2013 11:02am
Quoting gatorinla
{quote} 2917.9 may give a bounce.. cub bear sighting a LL at 2994... one will not happen
Excuse me, what is a cup bear?
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  • #801,576
  • May 24, 2013 11:14am May 24, 2013 11:14am
Wow yen move. maybe now this pair will improve it's advance to 3030. DX dropping.

TP 3030
----- Dragonfly out in the sun you know what I mean, don't you know
  • #801,577
  • May 24, 2013 11:14am May 24, 2013 11:14am
Due to time of day and holiday weekend, you think a bounce to 40/58 is still possible or perhaps now to 33/35?
  • #801,578
  • May 24, 2013 11:18am May 24, 2013 11:18am
hi can you explain some of your rules to me if you dont mind?

Quoting attila
Just woke up and nothing happened in the mean time as expected. NY did their new Low per my rule No 1 and so I think trading's over. Have a great one.
follow the flow
  • #801,579
  • May 24, 2013 11:18am May 24, 2013 11:18am
If the $ breaks this support, I could see EU going higher. If not, then this support will be springing $ up farther! Key area IMO.
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  • #801,580
  • May 24, 2013 11:19am May 24, 2013 11:19am
Quoting KillerWhale
{quote} Lol if you can explain the math for this, I will send you a case of champagne.
No way 1.29 will be broken today
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